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Why FactSet Stock Fell Sharply Thursday


Shares of FactSet Research Systems (NYSE: FDS) fell on Thursday, declining 11% as of 11:55 a.m. EDT.

The financial information provider's decline followed the company's fiscal fourth-quarter results. While the top- and bottom-line metrics for its fourth quarter of 2019 were above analysts' consensus forecasts, management's outlook for fiscal 2020 was softer than expected.

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Source Fool.com

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